PUBLIC NOTICES. G H Y (D • TAILOR, 93 GEORGE STREET, DUNEDIN (Late Hally’c), % 1 beg to intimate the Public that I have a splendid class of Dark Silk Mixtures and Worsted Coatings very cheap in stock. SUITS from L 3 3s; TROUSERS from 16s 6d. First-class Fit Guaranteed. DUTHIB BROS. THE GREAT SALE OP D. CLARKSON AND SON’S STOCK NOW ON AT THE WAREHOUSE, DOWLING STREET (Near Garrison Hall), (Telegram,) " MESSRS DUTHIB BROS., •' DUNEDIN. “We accept your offer for the whole of our Stock now in our Wholesale Warehouse, Dowling street. “D. CLARKSON AND SON, “(By their Attorney, A. S. Clarkson).” Extract from Letter : “In reply to your wire re another firm buying Stock, no truth whatever; only line sold was Children’s Costumes, value LI4 Oi Od, and not at 75 per cent. off. “D. CLARKSON AND SON.” We await the Public Verdict. CHOICE STOCK. BARGAINS FOR ALL. Note Address: CLARKSON’S WAREHOUSE, Dowling street (near Garrison Hall).
PROSPECTUS. ROSPBOTUS OF THB EUREKA QUARTZ MINING COMPANY OP NENTHORN, LIMITED. Nknthobn, Central Otago. Registered under tho provisions of “ The ComInt ISB9 ” CAPITAL L 15.000 In 80,000 Shares of 10s each, Of which 20,000 shares, paid up to their full nominal value, are reserved for tbe original Shareholders as payment in full for their several rights transferred to the Company, the remaining 10,000 being offered for Public Subscription on the following terms, viz.la per share on application, Is on allotment, and the balance as required in calls not exceeding Is per share at intervals of not less than a month. Having regard to certain favorable arrangements which have been entered into with the Company’s bankers, it is contemplated that not more than 5s per share will be required to be called up. Provisional Board of Directors ; James Hazlett, Esq., Merchant, Dunedin. Geo. W. Fogaon, Esq., Cottesbrook Station, Middlemaroh. Henry Bnckland, Esq., Fernhill Club, Dunedin. John Elliott, Esq , Gladbrook Station, Middlemarch. James Mitchell, Esq , Builder, Naseby. John H. Bennet, Esq., Mine Manager, Nenthorn. Alex. Bartleman, Erq , J.P„ Dunedin. R. H. Browne, Esq., Engineer Maniototo County Council, Naseby. John Cogan, Esq, M.C.C., Mine Manager, Nenthorn. Thomas Moodie, Esq., Perpetual Trustees Company, Dunedin. W. Percy Isaac, Esq., Hillside, Dunedin. J, C. Borman, Esq., Estate Agent, South Dun-
ediu. Bankers; The National Bank of New Zealand, Limited. SoucrtOßS; Messrs Duncan and Macgregor, Princes street, Dunedin, Secretary: Walter Hislop, Esq,, Perpetual Trustees Company, Dunedin, Brokers : Walter Hislop, Perpetual Trustees Company, Dunedin. Leslie A. Norman, Naseby and Nenthorn. The Eureka Quartz Mining Company of Northern, Limited, is being formed with the object of working two licensed holdings of 30 sores each, situate at Nenthorn, Central Otago, which goldfield has been aptly described by raining experts of considerable experience as "The Thames of the South Island of New Zealand." In addition to the licensed holdings referred to, both of which have been transferred in the corporate name of the Company, there is a grant of a Water Race and Bight for five heads of Water, as well as for a Reservoir coveting five acres of ground. It is the intention of the Board of Directors, on commencing operations, to do the following things—viz. (1) To erect a 10-stamp battei-y and 15-horse power'engine and boiler in the immediate vicinity of the reefs, as well as suitable appliances for treating the auriferous ore; and (2) to provide for the energetic development of the claims on a thoroughly systematic scale by sinking a main shaft in a central position, with the necessary hoisting and pumping gear. Making their calculations on a liberal basis, the directors estimate that an expenditure of not mote than L 2,500 will be involved in the erection of machinery and the execution of a 1! necessary works for placing the mine in a position to pay dividends. The claims held by the Company have been extensively prospected, and so far two goldbearing lodi s have been discovered, both of which can be traced for fully one mile and ahalf, traversing the following claims Premier, Eureka, Glencairne, Crystal Cave, and Gladstone. Within the last few days an additional 60 acres have been applied for by a company bearing the appellation of "The Eureka Extended Company,” the proprietors of which have discovered the continuation of the reefs, which at that point are over 2ft In width, and carrying good payable gold. In view of the information avatlab’e to the public in regard to the valuable discoveries already made at Nenthorn, the Directors consider it unnecessary to make any statements in reference to the general character of the field, exoept to remark that it has been practically proved, beyond the question of a doubt, that the lodes are true in character, Assuring the foliated schist almost at right angles with the strata, the rock being splendidly adapted to mining operations, and the pay-ore fairly easy of production. The particular lodes in the Company’s claims have, as already stated, been extensively prospected, payable gold having been found wherever excavations have been made. Their general width is quite 2&ft, and in one place a shaft has been sunk to a depth of 20ft, from which point a trial crushing of a ton of stone was taken and reduced at the battery of Kincaid and M ‘Queen, Dunedin, the yield being at the rate of TEN OUNCES OF RETORTED GOLD PER TON OF ORB ! The cake of gold obtained from the crushing is now on exhibition at the establishment of Messrs G. and T. Young, jewellers, Princes street, Dunedin. The Directors would draw attention to the feet that so far the richest discovery made on the goldflfld is comprehended in the properties now offered to the public; and, taking all the circumstances of the ease into consideration, they have no hesitation in recommending them as a perfectly legitimate outlet for the investment of capital. « The osly contract entered into is one between the Company of the one pari and Walter Hislop of the other part, in regard to the floating of the Company, the original of which may be inspected at the offices of the solicitors of the Company. _ _ ; The Memorandum and Articles of Association may also be inspected at the same place. Applications, accompanied by a deposit of Is per share, to be forwarded immediately to either the Brokers or the Secretary of the Company. In cases where no allotment is made the deposit will be returned in full, and where a less number of shares is allotted than shall have been applied for the balance of the deposit will be applied toward the further payment accruing on the shares which may have been allotted. Prospectuses, with forms of application, may be obtained from the Company’s Bankers, Brokers, and Solicitors, and the Secretary. The Share List will close as soon as the requisite number of applications shall have been received. As a large number of shares have been already subscribed for, immediate application is necessary, as in ease of a surplus those most promptly lodged will receive preferential allotment in the order of application. No application for less than Fifty Shares will - be received by the Brokers or the Secretary of I the Company. Any farther particulars may be obtained frem the Brokers or Secretary of the Company, from ~hom also Oopieß bf the prospehtup may be
Permanent link to this item
Page 4 Advertisements Column 4, Evening Star, Issue 7961, 17 July 1889
Page 4 Advertisements Column 4 Evening Star, Issue 7961, 17 July 1889
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.